Cryptocurrency Law News
Commerzbank Becomes First German Full-Service Bank to Get Crypto License
Frankfurt-based Commerzbank AG has received approval from German regulators to run a crypto custody business. According to a statement relea...
Compliance Official Pleads Guilty to Money Laundering Charges Over Role in Infamous OneCoin Crypto Scheme
A top-level OneCoin executive is pleading guilty to accusations arising from her alleged participation in the multi-level marketing (MLM) sc...
CFTC Flexes Record Crypto Seizures & Regulation Enforcements in 2023 Fiscal Year Report
In a show of regulatory muscle, the Commodity Futures Trading Commission (CFTC) clamped down on illicit activities in the crypto space in 20...
Where Will Sam Bankman-Fried Be Sent to Prison? The Options are Bleak.
Sam Bankman-Fried is now entering a new, darker chapter in his life, as the last one ended with a guilty verdict in his criminal trial in Ne...
Taiwan Authorities Unravel Massive $320 Million Crypto Money Laundering Network
Taiwan authorities have uncovered the largest money laundering network in the region, processing USDT transactions worth more than $320 mill...
WeWork to File for Bankruptcy: What’s Next for Crypto Nomads?
Flexible remote workspace provider WeWork could file for bankruptcy by next week after failing to make interest payments to bondholders by O...
Taiwan introduces crypto bill to Parliament
On Oct. 25, Taiwanese legislators introduced the Virtual Asset Management Bill to the unicameral parliament, the Legislative Yuan. The bill ...
US lawmakers discuss digital assets and the House gets a new Speaker
Members of the United States House of Representatives have chosen Mike Johnson to be the body’s next speaker — the second in line to the...
Pro-crypto lawmaker Tom Emmer ends hours-long speaker campaign: Report
Tom Emmer, the current majority whip and a crypto proponent, has reportedly dropped his bid to become the next speaker of the United States ...
Tom Emmer Nominated as House Speaker to Crypto Cheers, Trump Jeers
The crypto community rejoiced Tuesday upon learning that Representative Tom Emmer (R-MN), an outspoken advocate for the novel financial indu...
Former Ubisoft Execs Arrested in France Amid Sexual Harassment Investigation
Five former Ubisoft employees were taken into police custody this week, as a result of sexual harassment and assault allegations stemming fr...
$100M AirBit Club Crypto Ponzi Ringleader Sentenced to 12 Years Behind Bars
Pablo Renato Rodriguez, a co-founder of AirBit Club, has been sentenced to a 12-year prison term. Rodriguez was a key player in a global cry...